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Ryanteck Ryanteck
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6 years ago
Engineers for The Giffen Record Company have determined that a 35% increase in all compact disc inputs will cause a 45% increase in output. Assuming that input prices remain constant, you correctly deduce that such a change will cause ________ as output increases.
A) average costs to remain constant
B) average costs to decrease
C) average costs to increase
D) marginal costs to increase
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Akshtsaklani21Akshtsaklani21
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6 years ago
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